https://www.taxtmi.com/caselaws?id=426381 The court overturned the disallowance under Section 14A for interest expenses due to the assessee having sufficient interest-free funds. However, the disallowance for administrative expenses was upheld. The delay in filing the appeal was condoned as it was not deliberate or indicative of mala fide intent. en-us Wed, 27 Jul 2022 00:00:00 +0530 Tue, 16 Aug 2022 09:05:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426381 The court overturned the disallowance under Section 14A for interest expenses due to the assessee having sufficient interest-free funds. However, the disallowance for administrative expenses was upheld. The delay in filing the appeal was condoned as it was not deliberate or indicative of mala fide intent. Case-Laws Income Tax Wed, 27 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426381